Stack’s Bowers Galleries has entered into a definitive merger agreement to be acquired by A-Mark Precious Metals, a leading publicly traded precious metals firm. Under this agreement, Stack’s Bowers Galleries will continue to operate as a standalone, independently managed subsidiary of A-Mark.
Greg Roberts, CEO of Stack’s Bowers Galleries, emphasized that this partnership will provide “the resources and scale to accelerate our growth and enhance the services we offer to our valued clients.” Brian Kendrella, president, added that “leveraging A-Mark’s financial strength and expertise will allow us to expand our auction and dealership operations, pursue strategic opportunities, and enhance financing options for consignors and bidders.” Andrew Glassman, CFO, noted that “access to A-Mark’s direct-to-consumer network of over 3 million customers presents an exciting opportunity for growth.”
Founded nearly a century ago, Stack’s Bowers Galleries is a premier numismatic auctioneer and dealer, handling some of the most significant U.S. and world coin and banknote collections. A-Mark’s portfolio includes industry-leading brands such as JM Bullion, Goldline, LPM Group, and Collateral Finance Corporation (CFC).
The existing Stack’s Bowers Galleries leadership team will remain in place, ensuring continuity in service and expertise.